Price
Financials
Standalone, Rs crore| Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 208.70 | 138.42 | 143.13 | 140.89 | 116.64 | 152.97 | 139.93 | 134.83 | 147.65 | 128.28 | 121.84 | 115.22 |
| Expenses | 174.01 | 112.59 | 144.88 | 125.41 | 106.29 | 132.11 | 124.49 | 122.04 | 143.59 | 122.26 | 124.18 | 123.44 |
| Operating Profit | 34.69 | 25.83 | -1.75 | 15.48 | 10.35 | 20.86 | 15.44 | 12.79 | 4.06 | 6.02 | -2.34 | -8.22 |
| OPM % | 16.62% | 18.66% | -1.22% | 10.99% | 8.87% | 13.64% | 11.03% | 9.49% | 2.75% | 4.69% | -1.92% | -7.13% |
| Other Income | 2.98 | 26.46 | 1.93 | 1.83 | 0.37 | 1.44 | 1.22 | 0.86 | 1.06 | 1.02 | 2.08 | 1.85 |
| Interest | 3.81 | 2.89 | 2.01 | 2.77 | 2.20 | 2.63 | 2.33 | 2.24 | 2.08 | 2.10 | 0.92 | 1.85 |
| Depreciation | 1.32 | 1.43 | 1.43 | 1.44 | 1.44 | 1.43 | 1.44 | 1.46 | 1.44 | 1.35 | 1.37 | 1.36 |
| Profit before tax | 32.54 | 47.97 | -3.26 | 13.10 | 7.08 | 18.24 | 12.89 | 9.95 | 1.60 | 3.59 | -2.55 | -9.58 |
| Tax % | 48.34% | 20.66% | -41.72% | 24.89% | -33.76% | 37.55% | 33.36% | 26.53% | 52.50% | 29.53% | -17.25% | 2.82% |
| Net Profit | 16.82 | 38.06 | -1.90 | 9.84 | 9.46 | 11.39 | 8.60 | 7.31 | 0.76 | 2.52 | -2.10 | -9.85 |
| EPS in Rs | 0.91 | 2.05 | -0.10 | 0.53 | 0.51 | 0.61 | 0.46 | 0.39 | 0.04 | 0.14 | -0.11 | -0.53 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 349 | 495 | 487 | 534 | 651 | 603 | 569 | 611 | 539 | 575 | 459 | 503 |
| Expenses | 327 | 432 | 471 | 483 | 586 | 560 | 560 | 556 | 489 | 522 | 466 | 445 |
| Operating Profit | 22 | 62 | 16 | 51 | 66 | 43 | 9 | 55 | 50 | 53 | -7 | 59 |
| OPM % | 6% | 13% | 3.3% | 10% | 10% | 7% | 1.6% | 9% | 9% | 9% | -1.5% | 12% |
| Other Income | 15 | 9 | 5 | 4 | 2 | 3 | 6 | 6 | 31 | 5 | 6 | -814 |
| Interest | 3 | 3 | 14 | 15 | 15 | 17 | 18 | 16 | 10 | 9 | 5 | -6 |
| Depreciation | 10 | 10 | 10 | 9 | 9 | 5 | 5 | 7 | 6 | 6 | 5 | 4 |
| Profit before tax | 23 | 59 | -2 | 31 | 43 | 25 | -8 | 38 | 65 | 43 | -11 | -753 |
| Tax % | 40% | 36% | 63% | 17% | 27% | 22% | -48% | 42% | 14% | 34% | -39% | 5% |
| Net Profit | 14 | 37 | -3 | 26 | 31 | 19 | -4 | 22 | 55 | 28 | -7 | -789 |
| EPS in Rs | 0.76 | 2.02 | -0.18 | 1.39 | 1.69 | 1.03 | -0.22 | 1.19 | 2.99 | 1.51 | -0.36 | -42.59 |
| Dividend Payout % | 26% | 12% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 0% | -2% | -2% | 10% | ||
| Compounded Profit Growth | -4% | 49% | -15% | 424% | ||
| Stock Price CAGR | -18% | % | % | % | ||
| Return on Equity | 8% | 9% | 6% | 7% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 34 |
| Reserves | 135 | 167 | 164 | 190 | 221 | 240 | 236 | 127 | 182 | 210 | 203 | 343 |
| Borrowings | 21 | 47 | 109 | 140 | 112 | 101 | 84 | 111 | 39 | 41 | 41 | 129 |
| Other Liabilities | 76 | 88 | 107 | 88 | 125 | 122 | 128 | 127 | 93 | 98 | 87 | 155 |
| Total Liabilities | 251 | 321 | 398 | 435 | 477 | 482 | 466 | 385 | 333 | 367 | 349 | 661 |
| Fixed Assets | 88 | 84 | 77 | 77 | 87 | 87 | 98 | 194 | 177 | 171 | 165 | 161 |
| CWIP | 1 | 5 | 15 | 15 | 10 | 15 | 10 | 10 | 7 | 7 | 7 | 9 |
| Investments | 22 | 64 | 144 | 162 | 187 | 219 | 219 | 0 | 0 | 65 | 0 | 0 |
| Other Assets | 139 | 167 | 162 | 181 | 192 | 160 | 139 | 181 | 149 | 124 | 177 | 491 |
| Total Assets | 251 | 321 | 398 | 435 | 477 | 482 | 466 | 385 | 333 | 367 | 349 | 661 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 40 | 29 | 67 | 7 | 82 | 70 | 32 | 1 | 50 | 53 | 7 | -1,106 |
| Cash from Investing Activity | -40 | -46 | -91 | -26 | -39 | -40 | -10 | -7 | 39 | -64 | 65 | 26 |
| Cash from Financing Activity | -10 | 9 | 31 | 13 | -43 | -29 | -21 | 8 | -80 | 1 | -18 | 1,043 |
| Net Cash Flow | -10 | -8 | 7 | -7 | 0 | 1 | 1 | 2 | 9 | -10 | 53 | -37 |
| Free Cash Flow | 16 | 24 | 54 | -3 | 68 | 60 | 21 | -7 | 88 | 53 | 6 | -1,109 |
| CFO/OP | 233% | 59% | 433% | 19% | 144% | 166% | 391% | 11% | 131% | 118% | -110% | -1,882% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 19 | 20 | 32 | 23 | 9 | 9 | 33 | 6 | 9 | 12 | 2 |
| Inventory Days | 171 | 159 | 179 | 139 | 123 | 142 | 98 | 112 | 156 | 106 | 113 | 105 |
| Days Payable | 171 | 88 | 163 | 80 | 93 | 85 | 104 | 109 | 91 | 37 | 47 | 80 |
| Cash Conversion Cycle | 11 | 90 | 36 | 91 | 53 | 66 | 3 | 36 | 71 | 77 | 78 | 26 |
| Working Capital Days | 60 | 42 | 2 | 0 | -7 | -15 | -27 | -28 | 5 | -4 | -15 | -22 |
| ROCE % | 15% | 28% | 4% | 14% | 17% | 12% | 3% | 18% | 20% | 20% | -2% | 23% |
| Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.99% | 74.99% | 72.83% | 72.83% | 72.83% | 72.83% | 72.83% | 72.83% | 72.83% | 72.83% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.03% |
| Government | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 24.98% | 24.98% | 24.98% | 24.98% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.12% |
| No. of Shareholders | 44,724 | 44,485 | 45,019 | 46,282 | 46,924 | 46,877 | 46,658 | 46,492 | 35,735 | 35,360 | 35,196 | 34,936 |
Fundamentals
Market Cap₹ 17.0 Cr.
Current Price₹ 0.92
Stock P/E0.78
Book Value₹ 20.4
ROCE23.0 %
ROE7.32 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)424%
Standalone figures.
Valuation
P/E, 3-year average2.83x
P/B, 3-year average0.17x
P/E, 5-year average4.46x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)11.67%
Operating margin (incl. other income)-150.03%
EBITDA margin1.08%
Pre-tax margin-1.35%
Net profit margin-1.69%
Net margin, latest quarter-8.55%
ROE-263.47%
ROCE-197.34%
ROA-156.24%
ROE, 3-year average-84.47%
ROCE, 3-year average-59.75%
ROA, 3-year average-50.04%
ROE, 5-year average-42.09%
ROCE, 5-year average-26.22%
ROA, 5-year average-25.90%
ROIC (approx.)0.00%
Tax rate-4.83%
Other income / net worth-215.60%
Growth
Sales growth (latest year)9.68%
Sales CAGR, 3 years-2.26%
Sales CAGR, 5 years-2.44%
Sales growth QoQ-5.43%
Sales growth YoY (latest quarter)-14.54%
Profit growth YoY (latest quarter)-234.75%
Per share
EPS (TTM)Rs -0.26
EPS (latest year)Rs -23.21
EPS (latest quarter)Rs -0.29
EPS, 3-year averageRs -7.35
EPS, 5-year averageRs -3.58
Book value per shareRs 11.10
Sales per shareRs 15.09
Cash flow per shareRs -32.53
Free cash flow per shareRs -32.62
Efficiency
Asset turnover0.76x
Fixed asset turnover3.13x
Inventory turnover6.64x
Inventory days55 days
Debtor days2 days
Debtors turnover236.29x
Creditor days80 days
Cash conversion cycle26 days
Working capital days-22 days
Leverage
Total debtRs 129 Cr
Cash and bankRs 20 Cr
Net debtRs 109 Cr
Debt to equity0.34x
Net debt / EBITDA19.64x
Interest coverage0.00x
Owners' fund to total sources57.12%
Debt to assets19.50%
Cash flow
Cash from Operating Activity (latest year)Rs -1,106 Cr
Cash from Investing Activity (latest year)Rs 26 Cr
Cash from Financing Activity (latest year)Rs 1,043 Cr
Net Cash Flow (latest year)Rs -37 Cr
Free cash flow (latest year)Rs -1,109 Cr
FCFE (approx.: FCF + change in debt)Rs -1,021 Cr
Statement figures
Net sales (TTM)Rs 513 Cr
Net sales (latest year)Rs 503 Cr
Sales (latest quarter)Rs 115 Cr
Operating profit excl. other income (latest year)Rs 59 Cr
Operating profit (latest quarter)Rs -8 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -7 Cr
Tax (latest year)Rs 36 Cr
Net profit (TTM)Rs -9 Cr
Net profit (latest year)Rs -789 Cr
Net profit (latest quarter)Rs -10 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 330 Cr
Total expenditure (latest year)Rs 445 Cr
Total income (latest year)Rs -311 Cr
Share capitalRs 34 Cr
ReservesRs 343 Cr
Shareholders' fundsRs 377 Cr
Total assetsRs 661 Cr
Net blockRs 161 Cr
Capital work in progressRs 9 Cr
InvestmentsRs 0 Cr
ReceivablesRs 2 Cr
InventoryRs 50 Cr
Other liabilitiesRs 155 Cr
Shares outstanding (crore)34.00
Ownership
Promoter holding72.83% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 2 of 8| explain | High accruals Profit exceeded operating cash by 48% of total assets in 2021 |
| explain | Debt up, profit down Borrowings up 214% while net profit fell in 2021 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2019Sales ₹115 Cr -14.5% vs Dec 2018.
Net loss ₹10 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Ferro Alloys Corporation Ltd?
Ferro Alloys Corporation Ltd (FERROALLOY) has a market capitalisation of Rs 17.0 Cr. at the close.
What is the P/E ratio of Ferro Alloys Corporation Ltd?
Ferro Alloys Corporation Ltd trades at a P/E of 0.78 on trailing twelve-month profit, at the close.
What were Ferro Alloys Corporation Ltd's latest quarterly results?
In the Dec 2019 quarter, Ferro Alloys Corporation Ltd sales was Rs 115 Cr (-14.5% vs Dec 2018) with a net loss of Rs 10 Cr.